Lockheed Awarded $174M for US Army, UAE Missiles; Ken Musculus Comments

lockheed martinLockheed Martin (NYSE: LMT) has been awarded a $174 million contract to produce tactical missile systems for the U.S. Army and the United Arab Emirates through a foreign military sales agreement.

The long-range surface-to-surface weapon system is contained in a guided missile assembly pod and launched from a multiple launch rocket system, Lockheed said Wednesday.

Lockheed will perform work at its Camden, Arkansas-based facility.

Check Also


Rule Change to Add CMMC Requirements to Contracts Completes Interagency Review

The Department of Defense’s Cybersecurity Maturity Model Certification has undergone an interagency review as part of a rulemaking process needed to make CMMC a part of the Defense Federal Acquisition Regulations, FedScoop reported Tuesday.

US Navy battleships

Life Cycle Engineering, McKean Defense Win Shared $78M Navy IDIQ for Navigational Tech Support

Life Cycle Engineering and McKean Defense Group have been selected to help the U.S. Navy engineer shipboard navigational equipment under an indefinite-delivery/indefinite-quantity contract worth potentially $78.3M over five years.